Ministry of Commerce & Industry
Index of Eight Core Industries  March, 2019
1. The summary of the Index of Eight Core Industries  is given at the Annexure.
2. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production . The combined Index of Eight Core Industries stood at 145.0 in March, 2019, which was 4.7 per cent higher as compared to the index of March, 2018. Its cumulative growth during April to March, 2018-19 was 4.3 percent.
Coal
3. Coal production  increased by 9.1 per cent in March, 2019 over March, 2018. Its cumulative index increased by 7.3 percent during April to March, 2018-19over corresponding period of the previous year.
Crude Oil
4. Crude Oil production  declined by 6.2 per cent in March, 2019 over March, 2018. Its cumulative index declined by 4.1 percent during April to March, 2018-19 over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production  increased by 1.4 per cent in March, 2019 over March, 2018. Its cumulative index increased by 0.8 percent during April to March, 2018-19 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production  increased by 4.3 percent in March, 2019 over March, 2018. Its cumulative index increased by 3.1 percent during April to March, 2018-19 over the corresponding period of previous year.
Fertilizers
7. Fertilizers production  increased by 4.3 percent in March, 2019 over March, 2018. Its cumulative index increased by 0.3 per cent during April to March, 2018-19 over the corresponding period of previous year.
Steel
8. Steel production increasedby 6.7 per cent in March, 2019 over March, 2018. Its cumulative index increased by 4.7 percent during April to March, 2018-19 over the corresponding period of previous year.
Cement
9. Cement production  increased by 15.7 per cent in March, 2019 over March, 2018. Its cumulative index increased by 13.3 percent during April to March, 2018-19 over the corresponding period of previous year.
Electricity
10. Electricity generation  increased by 1.4 percent in March, 2019 over March, 2018. Its cumulative index increased by5.1 percent during April to March, 2018-19over the corresponding period of previous year.
Note 1: Data for January, 2019, February, 2019 and March, 2019 are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Release of the index for April, 2019 will be on Friday,31stMay, 2019.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
Apr-Mar 2017-18
|
|
Apr-Mar 2018-19
|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
134.1
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
89.8
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.0
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
129.1
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
147.1
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
147.0
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
156.8
|
|
Overall Index
|
|
100.0000
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
131.0
Growth Rates
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
Apr-Mar 2017-18
|
|
Apr-Mar 2018-19
|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
7.3
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-4.1
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
0.8
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
3.1
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
0.3
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
4.7
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
13.3
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.1
|
|
Overall Index
|
|
100.0000
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.3
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Mar-18
|
|
184.9
|
|
95.8
|
|
69.8
|
|
130.3
|
|
107.0
|
|
153.2
|
|
149.6
|
|
156.7
|
|
138.5
|
|
Apr-18
|
|
118.8
|
|
91.8
|
|
67.1
|
|
119.1
|
|
93.1
|
|
138.1
|
|
149.1
|
|
153.7
|
|
124.3
|
|
May-18
|
|
125.2
|
|
94.8
|
|
68.7
|
|
131.6
|
|
106.6
|
|
142.8
|
|
145.3
|
|
164.7
|
|
131.9
|
|
Jun-18
|
|
120.0
|
|
90.9
|
|
67.4
|
|
133.8
|
|
108.3
|
|
143.8
|
|
150.7
|
|
159.9
|
|
131.2
|
|
Jul-18
|
|
108.1
|
|
91.2
|
|
68.5
|
|
134.1
|
|
110.0
|
|
140.3
|
|
136.0
|
|
162.1
|
|
129.2
|
|
Aug-18
|
|
103.8
|
|
91.6
|
|
70.2
|
|
127.7
|
|
109.4
|
|
144.5
|
|
134.5
|
|
167.2
|
|
128.8
|
|
Sep-18
|
|
109.8
|
|
88.1
|
|
67.6
|
|
125.8
|
|
108.0
|
|
143.2
|
|
133.9
|
|
162.9
|
|
127.2
|
|
Oct-18
|
|
132.9
|
|
90.9
|
|
70.3
|
|
133.8
|
|
103.3
|
|
150.2
|
|
148.4
|
|
166.0
|
|
134.8
|
|
Nov-18
|
|
138.4
|
|
87.6
|
|
68.9
|
|
128.9
|
|
102.7
|
|
144.8
|
|
136.5
|
|
147.2
|
|
128.3
|
|
Dec-18
|
|
144.1
|
|
90.2
|
|
72.2
|
|
126.6
|
|
109.4
|
|
152.0
|
|
151.0
|
|
150.3
|
|
131.5
|
|
Jan-19
|
|
152.1
|
|
89.7
|
|
71.8
|
|
131.9
|
|
116.6
|
|
153.0
|
|
156.1
|
|
150.7
|
|
134.5
|
|
Feb-19
|
|
153.8
|
|
80.8
|
|
64.4
|
|
120.0
|
|
104.8
|
|
148.6
|
|
149.1
|
|
137.7
|
|
125.9
|
|
Mar-19
|
|
201.7
|
|
89.9
|
|
70.7
|
|
135.9
|
|
111.5
|
|
163.4
|
|
173.2
|
|
159.0
|
|
145.0
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Mar-18
|
|
9.1
|
|
-1.6
|
|
1.0
|
|
1.1
|
|
3.2
|
|
4.7
|
|
13.5
|
|
6.0
|
|
4.5
|
|
Apr-18
|
|
15.2
|
|
-0.8
|
|
5.7
|
|
2.7
|
|
4.6
|
|
3.0
|
|
21.9
|
|
2.1
|
|
4.7
|
|
May-18
|
|
12.0
|
|
-2.9
|
|
-1.4
|
|
4.9
|
|
8.4
|
|
-0.1
|
|
13.0
|
|
4.1
|
|
4.1
|
|
Jun-18
|
|
11.5
|
|
-3.4
|
|
-2.7
|
|
12.1
|
|
1.0
|
|
4.2
|
|
14.2
|
|
8.4
|
|
7.8
|
|
Jul-18
|
|
9.8
|
|
-5.4
|
|
-5.2
|
|
12.3
|
|
1.3
|
|
6.9
|
|
11.2
|
|
6.7
|
|
7.3
|
|
Aug-18
|
|
2.4
|
|
-3.7
|
|
1.0
|
|
5.1
|
|
-5.3
|
|
4.0
|
|
14.6
|
|
7.6
|
|
4.7
|
|
Sep-18
|
|
6.4
|
|
-4.2
|
|
-1.7
|
|
2.5
|
|
2.5
|
|
3.2
|
|
11.8
|
|
8.2
|
|
4.3
|
|
Oct-18
|
|
11.3
|
|
-5.0
|
|
-0.9
|
|
1.3
|
|
-11.5
|
|
2.4
|
|
18.4
|
|
10.9
|
|
4.8
|
|
Nov-18
|
|
3.7
|
|
-3.5
|
|
0.5
|
|
2.3
|
|
-8.1
|
|
5.3
|
|
8.8
|
|
5.1
|
|
3.3
|
|
Dec-18
|
|
1.1
|
|
-4.3
|
|
4.2
|
|
-4.8
|
|
-2.4
|
|
10.1
|
|
11.6
|
|
4.4
|
|
2.1
|
|
Jan-19
|
|
1.7
|
|
-4.3
|
|
6.2
|
|
-2.6
|
|
10.5
|
|
5.5
|
|
11.0
|
|
0.8
|
|
1.5
|
|
Feb-19
|
|
7.4
|
|
-6.1
|
|
3.8
|
|
-0.8
|
|
2.5
|
|
4.9
|
|
8.0
|
|
1.2
|
|
2.2
|
|
Mar-19
|
|
9.1
|
|
-6.2
|
|
1.4
|
|
4.3
|
|
4.3
|
|
6.7
|
|
15.7
|
|
1.4
|
|
4.7